S7200-2011 Actions

• May 1, 2012: REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

S7200-2011 Memo

BILL NUMBER:S7200

TITLE OF BILL:
An act
to amend the public lands law, in relation to state aid on certain
leased or state-owned lands

PURPOSE OR GENERAL IDEA OF BILL:
The bill modifies existing public
lands law payments on the Empire State Plaza PILOT, by providing for
a "spin up" of the last four years of the scheduled payments.

SUMMARY OF SPECIFIC PROVISIONS:
Section 1 amends paragraph 1 of
subdivision 2-a of section 19-a of the public lands law, as amended
by section 1 of part T of Chapter 57 of the Laws of 2012 to "spin up"
the last four years of scheduled payments. Section 2 is the effective
date.

JUSTIFICATION:
To help alleviate the financial situation currently
faced by the City of Albany, they have requested this legislation
which modifies the PILOT payments on the Empire State Plaza.
The proposal calls for a "spin up" of $7,850,000 from the last four
years of the scheduled payments beginning in fiscal year 2013-14.

PRIOR LEGISLATIVE HISTORY:
New bill

FISCAL IMPLICATIONS:
To be determined.

EFFECTIVE DATE:
Immediately.

S7200-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 S. 7200                                                 A. 10021
 SENATE - ASSEMBLY
 May 1, 2012
 
 IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print
 ed,  and  when  printed  to  be committed to the Committee on Investi
 gations and Government Operations
 IN ASSEMBLY -- Introduced by M. of A. CANESTRARI, McENENY --  read  once
 and referred to the Committee on Real Property Taxation
 AN  ACT  to  amend  the  public  lands  law, in relation to state aid on
 certain leased or state-owned lands
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section  1.  Paragraph  1  of  subdivision  2-a of section 19-a of the
 public lands law, as amended by section 1 of part T of chapter 57 of the
 laws of 2012, is amended to read as follows:

 (1) Notwithstanding any provision of this section to the contrary,  in
 addition  to state aid otherwise payable pursuant to this section, there
 shall be payable to any city located in a county in which there has been
 constructed a state office  building  project  in  accordance  with  the
 provisions  of  chapter  one  hundred  fifty-two of the laws of nineteen
 hundred sixty-four, as amended, and pursuant to  an  agreement  entitled
 the  "South  Mall  contract" dated May eleventh, nineteen hundred sixty
 five, state aid in accordance with the following schedule:

 State Fiscal Year
 Amount
 2000-2001           $4,500,000
 2001-2002           $4,500,000
 2002-2003           $4,500,000
 2003-2004           $9,850,000
 2004-2005           $16,850,000
 2005-2006           $22,850,000
 2006-2007           $22,850,000
 2007-2008           $22,850,000
 2008-2009           $22,850,000
 2009-2010           $22,850,000
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15403-01-2
 
       S. 7200                             2                           A. 10021
 2010-2011           $22,850,000
 2011-2012           $15,000,000
 2012-2013           $22,850,000
 2013-2014           [$15,000,000] $22,850,000
 2014-2015           [$15,000,000] $22,850,000
 2015-2016           [$15,000,000] $22,850,000
 2016-2017           [$15,000,000] $22,850,000
 2017-2018           $15,000,000
 2018-2019           $15,000,000
 2019-2020           $15,000,000
 2020-2021           $15,000,000
 2021-2022           $15,000,000
 2022-2023           $15,000,000
 2023-2024           $15,000,000
 2024-2025           $15,000,000
 2025-2026           $15,000,000
 2026-2027           $15,000,000
 2027-2028           $15,000,000
 2028-2029           [$15,000,000] $7,150,000
 2029-2030           [$15,000,000] $7,150,000
 2030-2031           [$15,000,000] $7,150,000
 2031-2032           [$15,000,000] $7,150,000
 2032-2033           $7,150,000
 

S 2. This act shall take effect immediately.

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